?Leeds United plc, the holding company of Leeds United Football Club, this week told the London Stock Exchange that it faced going into administration after the near breakdown of negotiations with its creditors, including the holders of its £60m securitisation. "After a long period of constructive discussions, negotiations have failed to reach a satisfactory conclusion," the club said in a statement. "If the negotiations are unsuccessful, the directors may be forced to seek the protection of an administration order."
November 28, 2003